Billionaire investor Warren Buffett, double the bitcoin criticism. Bitcoin doesn’t have a unique value, “said Buffett in a” Squawk Box aw interview from CNBC to Becky Quick on Monday. “Basically a delusion.“
The CEO of Berkshire Hathaway expressed sympathy for the optimists who took the world’s largest crypto currency, hoping they would sem change their lives Berks. cryptocurrency was trading around $ 3,781 on Monday, according to CoinDesk.
It attracts the –charlatans- ,Buffett said. “If you do something fake by going out and selling yoyo or other things, there’s no money in it – but when you enter Wall Street you have a lot of money.”
Buffett has long been a cryptocurrency critic. 2018 Berkshire Hathaway named bitcoin “probably poisonous squares ın in front of its annual shareholders meeting. According to CNBC’s Warren Buffett Archive, the identifiers Buffett used for bitcoin include bit not currency Buff and tulips CN.
In an interview Monday, Bitcoin said it points to the potential in the ip key is basic technology block chain, but its success is not tied to the cryptocurrency. Buffett’s not alone in skepticism. Business leaders such as Bill Gates, economists Nouriel Roubini and Robert Shiller, fund managers Ray Dalio and Howard Marks are among those who question the legitimacy of bitcoin. J.P. Morgan CEO Jamie Dimon was also a bitcoin vocal critic. Still earlier this month, J.P. Morgan was the first major bank to initiate its own private currency for cross-border payments.
Warren Buffett, the third richest in the world, told reporters the “gambling machine” to Bitcoin and likened the coin to the button on his jacket. Bitcoin, after the reflection of these words Buffett’ın 200 dollars fell to 5500 band pulled back.
Referring to the Blockchain technology on which Bitcoin is built, Buffett pointed out that there are some promising aspects of blockchain technology:
Yok Blockchain is a huge technology but it doesn’t need Bitcoin. They’re asking me if you’re thinking about going into Blockchain. We’re probably doing the same job indirectly, but I’m still not going to be one of the leading people in the Blockchain field. Muhtemelen
The Buffett, known to almost everyone who doesn’t like Bitcoin, said in the past that Bitcoin was a Bit rat poison Bit. Also chairman of the Berkshire deputy chairman of the same opinion, he described the crypto money traders as mentally ill.
Buffett’s words affected Bitcoin’s price
Before Buffett made this statement, the price of Bitcoin was over $ 5700. Following the reflection of the legendary investor’s words to the press from 16.00 am today, the crypto money fell by $ 200 to $ 5500. Bitcoin is purchased and sold on Bitstamp at the time of broadcast (21.15) at $ 5574.
In other news, Anthony Pompliano, co-founder of Morgan Creek Digital, a crypto-currency investment company, reviewed Warren Buffett’s words.
Serv Bitcoin breaks the whole system that allows Buffett to form one of the greatest fortunes the world has ever seen, et said Pompliano, suggesting Buffett was afraid of Bitcoin. Bitcoin will give a number of people a level of richness Buffett would envy.